Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Stock Selloff Continues in New Week & CHF/JPY
Stocks open lower after worst week since March China data disappoints Boris has a busy day ahead on Zoom European countries open up borders today Swissie-yen pulls back from 18-month tops before BOJ & SNB.…
Week Ahead: Lockdown Exit Plans, Central Banks, Jobs…
Lockdown Exit Plans [caption id="attachment_365927" align="alignleft" width="300"] Lockdown exit plans[/caption] As the rate of coronavirus cases continues to fall in many countries, governments are busy unveiling reopening plans to help balance the need for economies…
Week Ahead: Central Banks & Big Tech Earnings
Weekend News & Speculations The speculations about Kim Jong-Un's health has intensified over the weekend after unverified reports of a visit by a Chinese medical team hit the headlines. There were reports that the North…
XAGUSD Rebounds from Recent Lows Supported by Central…
Silver price (XAGUSD) rose on Wednesday as the rebound from recent lows continues supported by monetary and fiscal measures from the central banks and governments around the globe. White House and Senate leaders yesterday agreed…
G7 Statement of Finance Ministers and Central Bank…
Consistent with the direction from G7 Leaders, we are taking action and enhancing coordination on our dynamic domestic and international policy efforts to respond to the global health, economic, and financial impacts associated with the…
A Gloomy Outlook Ahead
[caption id="attachment_364204" align="alignleft" width="300"] Coronavirus-induced lockdown[/caption] As the world progressively goes into lockdown to contain the widespread of the coronavirus, investors are facing the unfortunate reality that the next couple of months will be a…
FED: Coordinated central bank action to further enhance…
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to further enhance the provision…
MARKET WRAP: Stocks Rebound after Rout. Airline Bailouts?…
[caption id="attachment_363680" align="alignleft" width="300"] Stocks rebound[/caption] Governments are stepping up their response to the coronavirus outbreak which is allowing markets a chance to recuperate on Tuesday. Following the worst day since Black Monday on Wall…
